Malaysia's sugar purchases from India hit record amid diplomatic spat

A file picture dated Dec 18, 2015 of a female worker cutting sugarcane in a field in Degaon village in Solapur, Maharashtra, India. - Reuters/Danish Siddiqui/File photo

MUMBAI (Reuters): India's exports of sugar to Malaysia so far in 2020 have nearly tripled over the figure for all of last year, as Kuala Lumpur steps up purchases to placate New Delhi in a trade dispute that halted its palm oil exports to India, trade officials said.

The record buying could also help India, the world's biggest producer of sugar, to cut stockpiles that are squeezing domestic prices.